Lucas vs S. Caroline

*CARYN L. BECK-DUDLEY **JAMES E. MACDONALD "No person shall be . . . deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."'

The Fifth Amendment's protection of private property has been the subject of many scholarly articles,^ the vast majority of them exercises in traditional legal research that pay no attention to matters
* Associate Professor of Business Law, Utah State University, Logan, Utah. ** Professor of Business Law and Business Ethics, Weber State University, Ogden, Utah.
' U.S. CONST, amend. V.

' For just a few of the many law review articles written on the takings clause see Leslie Bender, The Takings Clause: Principles or Polities'!, 34 BUFF. L. REV. 735 (1985); Daniel C. Kramer, When Does a Regulation Become a Taking? The United States Supreme Court's Most Recent Pronouncements, 26 AM. BUS. L . J . 729 (1988); Andrea L. Peterson, The Takings Clause: In Search of Underlying Principles Part II - Takings as Intentional Deprivations of Property Without Moral Justification, 78 CAL. L. REV. 55 (1990); Andrea L. Peterson, The Takings Clause: In Search of Underlying Principles Part I - A Critique of Current Takings Clause Doctrine, 77 CAL. L. REV. 1299 (1989); Carol M. Rose, Mahon Reconstructed: Why the Takings Issues is Still a Muddle, 57 S. CAL. L. REV. 531 (1984); Joseph L. Sax, Takings and the Police Power, 74 YALE L.J. 35 (1964); Stephen A. Siegel, Understanding the Nineteenth Century Contract Clause: The Role of the Property-Privilege Distinction and 'Takings' Clause Jurisprudence, 60 S. CAL. L. REV. 3 (1986); William Michael Treanor, The Origins and Original Significance of the Just Compensation Clause of the Fifth Amendment, 94 YALE L.J. 694 (1985).

154 / Vol. 33 / American Business Law Journal philosophical.^ Almost without exception, they trace U.S. Supreme...